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If you short a bubble before it goes vertical you lose everything.
by wmf 11mo ago
If you short a bubble before it goes vertical you lose everything.
- fhrjfjfnd 11mo agoSee the other posts in this thread discussing Nassim Taleb's strategy of small bets spread over time with highly asymmetric rewards. You can afford to lose it all on small bets nine times in a row, if on the tenth bet you achieve a 100x payout.
- the_gipsy 11mo agoYea but where can I play that kind of game?
- pyvpx 11mo agoDerivatives! more popularly known as options (“calls” and “puts”)
- CamperBob2 11mo agoJust get a job as a principal in a VC firm. Upskill or gtfo